The BrightQuery whitepaper highlights the growing threat of fraud in B2B trade, with credit fraud, phishing, identity theft, and falsified documents on the rise. Nearly 44% of credit managers report more fraud attempts from new applicants, and 60% have seen charge disputes. Fraudsters exploit digital transactions, staffing shortages, and gaps from post-COVID shifts. Key prevention strategies include automating fraud checks, using verified data from government filings, and enhancing KYB/KYC protocols. BrightQuery’s Fraud Indicator System helps businesses verify legal status, operations, and financial activity to mitigate risks.

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